New Zealand’s LNG Decision: What It Is and What It Isn’t

1. A Cabinet-Level Infrastructure Decision

  • New Zealand’s Cabinet has made a definitive decision to proceed with an LNG import terminal
  • The decision is final and has been delegated to the Energy Minister for execution
  • Contracting is targeted for mid-2026, with operations expected in 2027 or early 2028
  • The project will be located in Taranaki

2. An Energy Security Measure, Not a Demand Expansion Strategy

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